Budget 2020: Wanted To Place Money In Hands Of People- What Nirmala Sitharaman Said In Her Speech

Union Budget 2020: Today marks the biggest test of Union Finance Minister Nirmala Sitharaman as she will present the toughest budget in over last 10 years. The Economic Survey tabled yesterday showed that the Indian economy has already bottomed out. While there was a hint at a robust rebound, the immediate concern is how Sitharaman will boost the government spending. From realty to auto, from FMCG to steel, almost all sectors are eyeing possible relief measures by the Modi government. The main concern is to make sure the Indian economy is back on track. Recently, the International Monetary Fund (IMF) lowered India’s economic growth forecast to 4.8 per cent for this fiscal year owing to the crisis in the non-banking financial sector and weak rural demand. It also cut the world’s growth estimate and blamed the slowdown in India for its move.

So with all these concerns, India awaits with bated breath for the Union Budget 2020. Check LIVE updates here: